How the US steel industry could benefit from a carbon tax and 'border adjustment'
Print this article Both the United States steel industry and the environment would be big winners if policymakers imposed a new tax on carbon-intensive imports with a similar duty on their domestic counterparts, according to a new report. Domestic steel producers have an advantage over China and other competitors in keeping carbon emissions down, the GOP-backed Climate Leadership Council said in the report issued Wednesday. But they need legislative help to keep the playing field level, the authors said. The report, written by CRU Consulting for the Climate Leadership Council, found that app...